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x
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Preliminary
Information Statement
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o
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Confidential,
for Use of the Commission Only (as permitted by
Rule 14c-5(d)(2))
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o
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Definitive
Information Statement
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x
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No
fee required
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o
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Fee
computed on table below per Exchange Act Rules 14c-5(g) and
0-11
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(1)
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Title
of each class of securities to which transaction
applies:
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(2)
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Aggregate
number of securities to which transaction applies:
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(3)
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Per
unit price or other underlying value of transaction computed pursuant
to
Exchange Act Rule 0-11 (set forth the amount on which the filing
fee is
calculated and state how it was determined):
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(4)
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Proposed
maximum aggregate value of transaction:
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(5)
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Total
fee paid:
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o
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Fee
paid previously with preliminary
materials.
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o
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Check
box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its
filing.
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(1)
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Amount
Previously Paid:
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(2)
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Form,
Schedule or Registration Statement No.:
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(3)
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Filing
Party:
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(4)
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Date
Filed:
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Name
and Address
of Beneficial Owner
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Title
of Class
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Amount
and Nature of Beneficial
Ownership
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Percentage
of
Class(1)
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|||
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Yvon
Léveillé (Officer/Director)
443
Des Pins Street
Saint-Bruno
de Montarville, Quebec
J3V
5G5
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Common
Stock, par value $.0001 per share
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7,830,825
shares - indirect (2)
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13.45%
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|||
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Series
A preferred stock, par value $.0001 per share
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4,593,333
shares, indirect
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70.67%
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||||
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Turbon
AG
c/o
Turbon Group
2704
Cindel Drive
Cinnaminson,
New Jersey, 08077
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Common
Stock, par value $.0001 per share
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9,192,397
shares - direct (3)
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16.41%
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|||
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Series
A preferred stock, par value $.0001 per share
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0
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0%
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||||
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Name
and Address
of Beneficial Owner
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Title
of Class
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Amount
and Nature of Beneficial
Ownership
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Percentage
of
Class(1)
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|||
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Alain
Lachambre
120
Paul de Maricourt Street
Sainte-Julie,
Quebec, J3E 2Z4
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Common
Stock, par value $.0001 per share
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3,250,531
shares (4),
714,032 shares direct and 2,536,499 shares - indirect
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5.85%
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|||
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Series
A preferred stock, par value $.0001 per share
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1,906,667
shares indirect
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29.33%
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||||
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William
Smith (Officer/Director)
2101
Nobel Street
Sainte
Julie, Quebec, J3E 1Z8
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Common
Stock, par value $.0001 per share
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525,750
shares (5),
141,250 shares - direct and 384,500 shares - indirect
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0.98%
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|||
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Series
A preferred stock, par value $.0001 per share
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0
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0%
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||||
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Wayne
Maddever (Director)
347
East Hart Crescent
Burlington,
Ontario
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Common
Stock, par value $.0001 per share
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224,000
shares (6),
222,500
shares - direct and 1,500 shares - indirect
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0.42%
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|||
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Series
A preferred stock, par value $.0001 per share
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0
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0%
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||||
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Westminster
Capital Inc.
9665
Wilshire Boulevard
Suite
M-10
Beverly
Hills, CA 90212
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Common
Stock, par value $.001 per share
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5,104,822
shares (7)
-
direct
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9.17%
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|||
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Series
A preferred stock, par value $.0001 per share
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0
shares
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0%
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Name
and Address
of Beneficial Owner
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Title
of Class
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Amount
and Nature of Beneficial
Ownership
|
Percentage
of
Class(1)
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|||
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Heath
Bank and Trust Limited
27
Cumberland Street
2nd
Floor
P.O.
Box SP-63137
Nassau,
Bahamas
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Common
Stock, par value $.001 per share
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4,322,195
shares - direct (8)
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8.06%
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|||
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Series
A preferred stock, par value $.0001 per share
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0 shares |
0%
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||||
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Dynamic
Power Hedge Fund
1
Adelaide Street East
29th
Floor
Toronto,
Ontario M5V 2C9
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Common
Stock, par value $.001 per share
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4,800,100
shares - direct (9)
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8.57%
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|||
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Series
A preferred stock, par value $.0001 per share
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0
shares
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0%
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||||
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All
executive officers and directors as a group (3 persons)
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Common
Stock, par value $.0001 per share
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8,580,575
shares
327,750
shares - direct and 8,252,825 shares - indirect
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14.68%
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|||
|
Series
A preferred stock, par value $.0001 per share
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4,593,333
shares - indirect
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70.67%
|
| (1) |
Based
upon 53,633,286 common shares and 6,500,000 Series A preferred
shares
issued and outstanding on July 10,
2007.
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| (2) |
Includes
3,237,492 common shares of the Company and 4,593,333 Series I Exchangeable
Shares of 3091503 Nova Scotia Company owned by 9144-6773 Quebec
Inc., a
company beneficially owned by Mr. Leveille, which are presently
convertible on a 1 for 1 basis into shares of the Company’s common
stock.
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| (3) |
Includes
2,400,000 shares underlying common stock purchase warrants exercisable
within 60 days of July 10,
2007.
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| (4) |
Includes
629,832 common shares of the Company and 1,906,667 Series I Exchangeable
Shares of 3091503 Nova Scotia Company owned by 9144-6906 Quebec
Inc., a
company beneficially owned by Mr. Lachambre, which are convertible
on a 1
for 1 basis into shares of our common stock.
|
| (5) |
Includes
113,750 shares underlying stock options exercisable within 60 days
of July
10, 2007 and 384,000 shares owned by Mr. Smith's wife, Carolyn
Robus
Smith.
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| (6) |
Includes
122,500 shares underlying stock options exercisable within 60 days
of July
10, 2007 and 1,500 shares owned by the Estate of William Maddever.
Excludes 10,000 shares underlying stock options not exercisable
within 60
days of July 10, 2007.
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| (7) |
Includes
2,057,058 shares underlying common stock purchase warrants exercisable
within 60 days of July 10,
2007.
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| (8) |
Includes
3,800,000 shares underlying a convertible note that is convertible
within
60 days of July 10, 2007.
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| (9) |
Includes
2,400,050 shares underlying common stock purchase warrants exercisable
within 60 days of July 10, 2007.
|
| · |
our
Quarterly Reports on Form 10-QSB for the quarters ended September
30,
2006, and March 31, 2007 and June 30, 2007;
and
|
| · |
our
Annual Report on Form 10-KSB for the year ended December 31,
2006.
|
| · |
our
Annual Report on Form 10-KSB for the year ended December 31, 2005;
and
|
| · |
our
Quarterly Reports on Form 10-QSB for the quarters ended March 31,
2006 and
June 30, 2006.
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__________,
2007
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By
the
Order of the Board of Directors
William
Smith
Secretary
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| ADSERO CORP. | ||
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| By: | ||
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William Smith, CFO Adsero Corp. |
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